Important Definitions: Optioned
I love comics and I love money! Thank goodness these two go hand-in-hand. As comic speculation grows, there seems to be a lot more players in the market. Unfortunately for many, a lot more players means a lot more suckers. A savvy investor understands the difference between a potential investment and absolute BS.
I’ve noticed a trend. It seems like a ton of comics are being optioned these days. Every two hours, a new comic is being optioned for a groundbreaking movie or TV show. What does this mean? Who really knows? Should I go out and buy every copy of (insert wack title here) that I can find? Should I get the 1:100 variant?
Answer: Hell No! Don’t be a dummy!!!
For the record, I own a NM copy of every comic pictured above. I’ve considered using them as fireplace kindling, paper towels, or even coloring books for my nephew. Each book has been optioned for a movie. Each book I’ve spent at least $10 on… $10 I may never get back. Unlike many poor souls, I’ve learned from my mistakes.
When a comic has been optioned, it simply means that the producer has purchased the “exclusive right to purchase” the screenplay for a set amount of time. This is a slow process. In order for a show or movie to take place…
- A screenplay must be written.
- Agreements must be made with the director, actors, and financiers (source of money).
- A studio must be found as well as additional financing related to distribution.
- All stakeholders must agree on the final product.
Options may last 12-18 months. They’re generally not expensive in terms of Hollywood dollars. To give an example, Quentin Tarantino was paid $50,000 to option his script for “True Romance”. I know this is true because I read it on Wikipedia. This basically means that a big-budget Hollywood company can hijack a movie’s rights for pennies on the dollar, and then do nothing with it.
Here are some other “blazing” books that have been optioned for a movie. I like to use them for origami practice. They also make great fly swatters!
I’m not saying that you shouldn’t go out and buy these books. I also own a NM copy of everything that you see pictured here. There’s a right price for everything. Please just understand that “optioned” does not mean “guaranteed movie” or “instant mega bucks”.
Thanks for reading Comic Bucks. Stay savvy and spend your comic book money wisely!